Mazda Toyota Manufacturing, building a $1.6 billion automaking plant in Huntsville, announced Thursday that it was upping its investment a year before production is expected to begin.
The Japanese automakers, who came together to form a joint company in north Alabama, will increase its investment by $830 million at a virtual event in Huntsville.
That brings the MTM investment to $2.311 million at the sprawling Limestone County facility.
According to an announcement from Gov. Kay Ivey, the additional investment will “incorporate new cutting-edge manufacturing technologies to its production lines and provide enhanced training to its workforce of up to 4,000 employees.”
“Toyota’s presence in Alabama continues to build excitement about future opportunities that lie ahead, both for our economy and for the residents of our great state,” Ivey said in the announcement. “Mazda and Toyota’s increased commitment to the development of this manufacturing plant reiterates their belief in the future of manufacturing in America and the potential for the state of Alabama to be an economic leader in the wake of unprecedented economic change.”
The announcement said full-scale construction of the Alabama plant continues, with 75 to 100 percent completion on roofing, siding, floor slabs, ductwork, fire protection and electrical.
“Mazda Toyota Manufacturing is proud to call Alabama home,” Mark Brazeal, vice president of administration at MTM, said in the announcement. “Through strong support from our state and local partners, we have been able to further incorporate cutting-edge manufacturing technologies, provide world-class training for team members and develop the highest quality production processes. As we prepare for the start of production next year, we look forward to developing our future workforce and serving as a hometown company for many years to come.”
This story will be updated.
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